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8818 Forge Gate Lane

8818 Forge Gate Lane, Chesterfield, VA 23832
Property in Chesterfield
Sold Apr 13, 2021
$509,036
$407,230 by Capital Center Llc
Mortgage
Sold Nov 09, 2020
$757,050
Local assessors in Chesterfield, VA have categorized 8818 Forge Gate Lane as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 15,507 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8818 Forge Gate Lane has a total of 3,091 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 466 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a gas heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8818 Forge Gate Lane sold most recently in Apr 1, 2021 for a total of $509,036. If you work out the math, that's approximately a cost of $164.68 per sqft. Before that, the property was also sold for $757,050 in Oct 21, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,803 in taxes each year. 8818 Forge Gate Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $525,000. If we break it down further, the land itself was valued at $101,000. Improvements to the property, however, were assessed at a total of $424,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 466
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 15,507
  • Total Building Area: 3,091
  • Building Area: 3,091
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Gas
  • Heated Square Feet: 3,091
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HARPERS MILL SOUTHWEST
  • Land Acres: 0.356
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HARPERS MILL SW SEC 4 007

Ownership

  • Current Owner : HIGH MICHAEL T
  • Current Owner 2: HIGH ANN MARIE
  • Previous Owner : W V MCCLURE INC
  • Owner Before Previous Owner: OAKBRIDGE CORP
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 101009

Zoning

  • Zoning: R12 - SING

Geography

  • Assessors Map Reference: MB 274 PG 13
  • Account Number: 422964001
  • District: 04
  • Section: 4
  • Parcel: 710-66-12-52-000-000
  • Lot: 7
  • Municipality: MATOACA
  • Latitude: 37.3755
  • Longitude: -77.7176

    Address

  • Full Address: 8818 Forge Gate Ln
  • Address - House Number: 8818
  • Address - Street Name: Forge Gate
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Chesterfield
  • Carrier Code: R019
  • 4-Digit Zip Code: 2834
  • Zip Code: 23832

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,803

    Appraisal Valuation

  • Standard Deviation: 0.1456
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 82
  • Final Value: 560,437
  • High Value: 642,079
  • Low Value: 478,794

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $407,230
  • First Open Lien Mortgage Lender: CAPITAL CENTER LLC
  • First Open Lien Mortgage Recording Date: Apr 13, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $407,230
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $525,000
  • Market Land Value: $101,000
  • Market Improvement Value: $424,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $525,000
  • Assessed Land Value: $101,000
  • Assessed Improvements Value: $424,000

    Sales

  • Current Sale Contract Date: Apr 01, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Transaction ID: 11831552627
  • Current Sale Price: $509,036
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021024004
  • Previous Sale Recording Date: Nov 09, 2020
  • Previous Sale Contract Date: Oct 21, 2020
  • Previous Sale Amount: $757,050
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAPITAL CENTER LLC
  • First Mortgage Transaction Date: Apr 13, 2021
  • First Mortgage Loan Amount: $407,230
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8818 Forge Gate Lane located in?
The 8818 Forge Gate Lane is a located in the neighborhood of Chesterfield in Chesterfield, Chesterfield.
What is the average sales price for listings in 8818 Forge Gate Lane?
The average sales price for units in 8818 Forge Gate Lane is $0 currently.

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